NJEDA Small Business Emergency Assistance Grant – Phase 4

Phase 4 of the New Jersey Economic Development Authority (NJEDA) Small Business Emergency Assistance Grant Program provides grants up to $20,000 to small- and medium- sized businesses and non-profits that have been negatively impacted by the COVID-19 pandemic. Check your eligibility for Phase 4 grant funding.

To receive text message reminders about key Phase 4 pre-registration dates, text “grant4” to 888-NJEDA-21 (888-653-3221).

Business Are Required to Pre-Register

Interested business owners need to pre-register at programs.njeda.com between Monday, April 19, 2021 at 9:00 a.m. and Thursday, April 29, 2021 at 5:00 p.m. Pre-registration is not first come, first served, but businesses are encouraged to begin the process as early as possible. ‍

A step-by-step guide to the pre-registration process is available here. You can also watch a video walk-through of the pre-registration process or call 844-965-1125 for assistance with the pre-registration process. A list of webinars providing guidance on pre-registration is available at the bottom of this article.

Make Sure Your Businesses is Properly Registered

In order to receive a Phase 4 grant, your business must be registered to do business in the State of New Jersey with the NJ Division of Taxation. If your business is not recognized by the Division of Taxation, you must provide a valid Business Registration Certificate. You can check your registration status online.

If your business is properly registered, you will receive immediate confirmation after entering your information. If your business is not properly registered, email njdorescustomerservice@treas.nj.gov (allow up to 2 days for follow-up) or call 609-292-9292. You should state clearly that your request is connected to an application for the NJEDA’s Small Business Emergency Assistance Grant Program – Phase 4. Most issues can be resolved quickly.

For more information on the business registration process, watch one of the webinars on the topic the NJEDA hosted with the NJ Department of Treasury. Recordings are available here: Session 1 and Session 2.

Applications

Following pre-registration, applications will become available on a rolling basis. Pre-registered applicants will need to return to programs.njeda.com to complete an application based on the following schedule:

  • Businesses that did not apply for, or were not approved for Phase 3 funding – 9:00 a.m. on May 3, 2021. Click here to check if your businesses was approved for a grant during phase 3
  • Restaurants and child care providers – 9:00 a.m. on May 5, 2021
  • Micro businesses (five or fewer FTEs) – 9:00 a.m. on May 10, 2021
  • All other small businesses – 9:00 a.m. on May 12, 2021

Applications for each category will be open for a period of one week and will be accepted on a first-come, first-served basis, based upon the date and time the Authority receives a completed application submission.

Pre-registration and grant applications will be available in English and Spanish. The NJEDA is also offering interpretation services to support speakers of ten additional languages: Arabic, Chinese(Mandarin and Cantonese), Gujarati, Hindi, Italian, Korean, Polish, Portuguese, and Tagalog.

Awards

Grant awards will be calculated based on the number of full-time equivalent employees (FTEs) businesses employ. Micro-businesses with five or fewer FTEs and sole proprietorships will receive up to $10,000; businesses with six to 25 FTEs will receive up to $15,000; and businesses with 26 to 50 FTEs will receive up to$20,000.  Access the grant size estimator.

In line with the State’s commitment to a stronger, fairer recovery, Phase 4 funding will be allocated to support the most adversely affected businesses, including restaurants, micro-businesses, and child care providers, as well as other small businesses. To ensure grants reach businesses in the hardest hit communities, including communities of color, one-third of funding will be targeted to businesses with a primary business location within the 715 census tracts designated as eligible to be selected as an Opportunity Zone.

Upcoming Webinars

Wednesday, April 21, 2021

Thursday, April 22, 2021

Friday, April 23, 2021

Monday, April 26, 2021

Frequently Asked Questions

Answers to common questions about Phase 4 of the Small Business Emergency Assistance Grant Program are listed below in a variety of languages:

Source:

NJEDA